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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number: 2-99565
( x ) Form 10-K and Form 10-KSB
( ) Form 20-F
( ) Form 11-K
( ) Form 10-Q and Form 10-QSB
( ) Form N-SAR
For Period Ended: October 31, 1998
( ) Transition Report on Form 10-K and Form 10-KSB
( ) Transition Report on Form 20-F
( ) Transition Report on Form 11-K
( ) Transition Report on Form 10-Q and Form 10-QSB
( ) Transition Report on Form N-SAR
( ) Money Market Fund Rule 30b3-1 Filing
For the Transition Period Ended: ____________
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
PART I
Registrant Information
ARXA INTERNATIONAL ENERGY, INC.
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Full name of registrant
530 Wells Fargo Drive, Suite 310
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Address of principal executive office (Street and Number)
Houston, Texas 77090
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City, State and Zip Code
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PART II
Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12B-25(b), the
following should be completed. (Check appropriate box.)
[ x ] (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
[ x ] (b) The subject annual report, semi-annual report, transition report
on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on
or before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or filing made by
a money market fund pursuant to Rule 30b3-1, or portion thereof will be filed
on or before the fifth calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule
12B-25(c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR or the transition report or portion
thereof or filing made by a money market fund pursuant to Rule 30b3-1 could
not be filed within the prescribed time period. (Attach extra sheets if
needed.)
The Registrant is unable to file its Annual Report on Form 10-KSB for
the fiscal year ended October 31, 1998 by January 29, 1999 because the
Registrant's year-end reserve report is still being compiled by its
independent reservoir engineer. The Registrant anticipates that the
year end reserve report and thence its annual audit report will be
completed shortly, at which time it will file its Form 10-KSB, but in
no event, later than February 13, 1999.
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PART IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification.
Dennis McGrath, Controller (281) 444-1088
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(Name) (Area Code)(Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) or
the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that
the registrant was required to file such report(s) been filed? If the answer
is no, identify report(s).
Yes X No
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(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by
the earnings statements to be included in the subject report or portion
thereof?
Yes No X
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If so: attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
ARXA INTERNATIONAL ENERGY, INC.
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(Name of registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: January 27, 1999
By: /s/ L. Craig Ford
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L. Craig Ford
President/Chief Executive Officer
